Financial Report - Second Half 2022

Organizations respond to the challenges and dynamics of the times they live in. This is expressed by the exhibition held in Ciudad Banesco to commemorate the first thirty years of the Brand, with the “30 Years with You” Exhibition. This has been the moment to look back the history of the Bank from its beginnings, the different mergers and the memorable moments of Words for Venezuela, as a single place for reflection and the exchange of ideas. Similarly, just as in the first half of 2022, we faced the illusion of normality observed from the mass distribution of the vaccines against Covid 19. The second half of the year marked a considerable improvement, not only in the performance of the domestic economy and, therefore, of the indicators of the entire financial system, to which we belong, but also in our dedication to optimize processes and improve the customer’s experience. Returning to activities that were reduced during the pandemic was displaced by the dynamism of the vibrant people and once again, in the streets, the presence of new businesses adapted to the needs of Venezuelans who continue to make their lives in the country. Undoubtedly, the economy has recognized the recessionary conditions caused by the Covid 19 pandemic. On the occasion of the 30th Anniversary, the authorities and a professional team of Banesco toured the most important cities in the country to meet with Banesco employees and customers in each region.